Plan Snapshot
- Plan Sponsor: Mfxchange Us, INC.
- Sponsor EIN: 010748234
- Sponsor Address: 201 LITTLETON ROAD, MORRIS PLAINS, NJ, 07950
- Plan Type: 401(k)
- Total Participants: 46
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 46 | $17.1M | $280,204 | $453,851 |
| 2023 | 49 | $16.5M | $292,508 | $468,215 |
| 2022 | 66 | $15.1M | $332,827 | $532,843 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NISIVOCCIA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NISIVOCCIA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $13,280 | $12,125 | — | — | — |
| 2023 | $1,425 | — | — | — | — |
| 2022 | $12,267 | — | — | — | — |